Interim report
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Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 (J-GAAP) English translation of the original Japanese document. In case there is any inconsistency between the translation and the original, the latter shall prevail. April 25, 2025 Company name: PCA CORPORATION Stock exchange where listed: Tokyo Securities code: 9629 URL: https://pca.jp/ Representative: Fumiaki Sato, President and Representative Director Contact: Yoshiyuki Sakashita, General Manager of the Financial Division TEL: +81-3-5211-2711 Scheduled date for annual shareholders’ meeting: June 20, 2025 Scheduled date for commencement of dividend payment: June 23, 2025 Scheduled date for filing of annual securities report: June 19, 2025 Supplementary materials prepared for financial results: Yes Briefing session held for financial results: Yes (video streaming of the financial results briefing) (Amounts have been rounded down to the nearest million yen.) 1. Consolidated Results for the Fiscal Year Ended March 31, 2025 (April 1, 2024, to March 31, 2025) (1) Consolidated Operating Results (%: change from the previous fiscal year) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Million yen % Million yen % Million yen % Million yen % FY2025 16,237 8.1 2,637 14.2 2,688 14.7 1,741 8.0 FY2024 15,018 15.7 2,309 79.2 2,343 76.6 1,611 82.5 (Note) Comprehensive income: FY2025 1,985 million yen (23.5%) FY2024 1,608 million yen (63.7%) Earnings per share Diluted earnings per share Return on equity Return on assets Operating profit margin Yen Yen % % % FY2025 86.86 86.48 9.2 7.8 16.2 FY2024 80.48 80.08 8.9 7.3 15.4 (Reference) Equity in earnings of affiliates: FY2025 ― million yen FY2024 ― million yen (2) Consolidated Financial Position Total assets Net assets Equity ratio Net assets per share Million yen Million yen % Yen As of March 31, 2025 34,974 19,283 54.5 949.72 As of March 31, 2024 33,557 18,963 55.7 932.76 (Reference) Shareholders’ equity: As of March 31, 2025 1 9,043 million yen As of March 31, 2024 18,685 million yen (3) Consolidated Cash Flows Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash and cash equivalents at end of period Million yen Million yen Million yen Million yen FY2025 2,853 (265) (1,685) 21,473 FY2024 3,456 112 (457) 20,570 2. Dividends Annual dividends per share Dividends (total) Dividend payout ratio (consolidated) Ratio of dividends to net assets (consolidated) End of Q1 End of Q2 End of Q3 End of Q4 Annual Yen Yen Yen Yen Yen Million yen % % FY2024 － 0.00 － 81.00 81.00 1,622 100.6 9.0 FY2025 － 0.00 － 87.00 87.00 1,744 100.2 9.2 FY2026 (forecast) － 0.00 － 95.00 95.00 100.4
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3. Forecasted Consolidated Results for the Fiscal Year Ending March 31, 2026 (April 1, 2025, to March 31, 2026) (%: change from the previous fiscal year) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Earnings per share Million yen % Million yen % Million yen % Million yen % Yen Full year 17,689 8.9 2,824 7.1 2,865 6.6 1,897 9.0 94.61 * Notes (1) Significant changes in the scope of consolidation during the fiscal year: Yes New: 1 company (Iidabashi Cross Partners Inc.) (2) Changes in accounting policies, changes in accounting estimates, and restatements (i) Changes in accounting policies due to the revision of accounting standards and related items: None (ii) Changes in accounting policies other than (2)-(i) above: None (iii) Changes in accounting estimates: None (iv) Restatements: None (3) Number of issued shares (common stock) (i) Number of issued shares at the end of the period (including treasury shares) As of March 31, 2025: 22,000,000 shares As of March 31, 2024: 22,000,000 shares (ii) Number of treasury shares at the end of the period As of March 31, 2025: 1,948,057 shares As of March 31, 2024: 1,967,057 shares (iii) Average number of shares during the period (cumulative) FY2025: 20,046,634 shares FY2024: 20,023,294 shares Reference: Overview of Non-Consolidated Results 1. Non-Consolidated Results for the Fiscal Year Ended March 31, 2025 (April 1, 2024, to March 31, 2025) (1) Non-Consolidated Operating Results (%: change from the previous fiscal year) Net sales Operating profit Ordinary profit Profit Million yen % Million yen % Million yen % Million yen % FY2025 12,701 4.6 2,088 14.9 2,259 16.7 1,457 10.4 FY2024 12,146 16.6 1,817 74.9 1,935 59.7 1,319 42.5 Earnings per share Diluted earnings per share Yen Yen FY2025 72.68 72.37 FY2024 65.90 65.57 (2) Non-Consolidated Financial Position Total assets Net assets Equity ratio Net assets per share Million yen Million yen % Yen As of March 31, 2025 29,860 17,065 56.7 844.84 As of March 31, 2024 29,060 17,005 58.1 842.19 (Reference) Shareholders’ equity: As of March 31, 2025 16,940 million yen As of March 31, 2024 16,871 million yen 2. Forecasted Non-Consolidated Results for the Fiscal Year Ending March 31, 2026 (April 1, 2025, to March 31, 2026) (%: change from the previous fiscal year) Net sales Ordinary profit Profit Earnings per share Million yen % Million yen % Million yen % Yen Full year 13,706 7.9 2,346 3.9 1,628 11.8 81.22 * Summaries of financial results are not subject to audits by a certified public accountant or an audit firm.
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* Information regarding the appropriate use of forecasted results and other information to note: (Cautionary notes regarding forward-looking statements) This report contains forward -looking statements that are based on information currently available to the Company and assumptions that have been deemed to be reasonable by the Company. Actual results may differ from the forecasts due to factors including various uncertainties inherent to the forecasts and future changes in the internal and external conditions that impact business operations. For cautionary notes and other information related to the use of forecasted results, please refer to “I. Overview of Operating Results and Other Information: (4) Future Outlook” on page 4 of the attached documents. (Supplementary materials to financial results and financial results briefing) The financial results briefing video and financial results briefing material are scheduled to be released on the Company’s website on Thursday, May 1, 2025.
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 1 - Table of Contents for the Attached Documents I. Overview of Operating Results and Other Information …………………………………………………………………… 2 (1) Overview of Operating Results for the Fiscal Year Ended March 31, 2025 …………………………………………… 2 (2) Overview of Financial Conditions for the Fiscal Year Ended March 31, 2025 ………………………………………… 2 (3) Overview of Cash Flows for the Fiscal Year Ended March 31, 2025 ………………………………………………… 3 (4) Future Outlook ………………………………………………………………………………………………………… 4 II. Basic Concept Regarding the Selection of Accounting Standards ………………………………………………………… 4 III. Consolidated Financial Statements and Important Notes ………………………………………………………………… 5 (1) Consolidated Balance Sheets …………………………………………………………………………………………… 5 (2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income ………………………… 7 Consolidated Statement of Income ………………………………………………………………………………… 7 Consolidated Statement of Comprehensive Income ………………………………………………………………… 8 (3) Consolidated Statement of Changes in Shareholders’ Equity …………………………………………………………… 9 (4) Consolidated Cash Flow Statement ……………………………………………………………………………………… 11 (5) Notes Regarding Consolidated Financial Statements …………………………………………………………………… 12 (Notes Regarding the Going Concern Assumption) …………………………………………………………………… 12 (Segment Information) ………………………………………………………………………………………………… 12 (Per Share Information) ……………………………………………………………………………………………… 12 (Significant Subsequent Events) ……………………………………………………………………………………… 13
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 2 - I. Overview of Operating Results and Other Information (1) Overview of Operating Results for the Fiscal Year Ended March 31, 2025 Regarding Japan’s economic situation d uring the fiscal year ended March 31, 2025, economic activities have further recovered from the COVID -19 crisis toward normalization with greater consumer spending and c apital investment, following the lifting of activity restrictions in Japan and the recovery of inbound demand due to the relaxation of restrictions on entry from abroad. On the other hand, the outlook remains opaque due to factors including the increasing anticipation of higher interest rates, the depreciation of the yen, the prolonged Russian invasion of Ukraine, inflation in Japan caused by rising costs of energy and resources, and the impact of U.S. policy changes. Under such circumstances, we have decided to discontinue sales of the packaged versions of the PCA Software at the end of March 2024 and also end our support for these versions in March 2029. As a vendor of subscription-based enterprise systems, we will now focus our resources for development and support on our subscription services. We will continue to expand and enhance our lineup of products centered around PCA Hub that enhance productivity and drive digitalization in back-office operations. To firmly establish our position as a Management Support Company , we will provide problem-solving services that go beyond just business management software and services, focusing on customer success to contribute to our customers’ business development. The number of corporate users of the PCA Cloud series, which is now in its 17th year of service, has steadily increased from 21,022 in 2023 to 22,899 in 2024 and 24,570 in 2025. The services PCA Cloud and PCA Cloud on AWS enable users to use PCA’s software with no initial cost and without having to manage their in-house servers. We also believe that there will be demand for our subsidiary’s cloud service for attendance management as one way for companies to implement the work-style reform. We will continue to drive its business growth. Under these circumstances, the PCA Group’s consolidated financial results for FY2025 were as follows: net sales of 16,237 million yen (+8.1% YOY), operating profit of 2,6 37 million yen (+14.2% YOY), ordinary profit of 2, 688 million yen (+14.7% YOY), and profit attributable to owners of parent of 1,741 million yen (+8.0% YOY). Since the PCA Group only has one business segment, instead of sales by segment, we hereby disclose sales by category. Sales by Category Category Sales (million yen) Percent of total (%) YOY change (%) Cloud services 9,381 57.8 125.6 Maintenance service 3,712 22.8 104.0 Products (conventional software) 596 3.7 48.8 Merchandise (ledger sheets, etc.) 522 3.2 98.0 Other operating revenue 2,025 12.5 90.9 Total 16,237 100.0 108.1 (2) Overview of Financial Conditions for the Fiscal Year Ended March 31, 2025 (Assets) The balance of consolidated total assets at the end of FY202 5 was 34,974 million yen, having increased by 1,41 7 million yen (33,557 million yen at the end of FY2024). Consolidated current assets increased by 553 million yen (from 25,872 million yen at the end of FY2024 to 26,426 million yen at the end of FY2025). This was mainly due to an increase of 904 million yen in cash and deposits and a decrease of 293 million yen in notes and accounts receivable - trade. Consolidated non-current assets increased by 863 million yen (similarly, from 7,684 million yen to 8,547 million yen). This was mainly due to increases of 414 million yen in deferred tax assets and 341 million yen in investment securities.
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 3 - (Liabilities) The balance of consolidated liabilities at the end of FY2025 was 15,691 million yen, having increased by 1,097 million yen (14,594 million yen at the end of FY2024). Consolidated current liabilities increased by 1 ,170 million yen (from 12,838 million yen at the end of FY2024 to 14,008 million yen at the end of FY202 5). This was mainly due to increases of 641 million yen in income taxes payable and 554 million yen in contract liabilities. Consolidated non-current liabilities decreased by 73 million yen (similarly, from 1,756 million yen to 1,682 million yen). This was mainly due to a decrease of 101 million yen in retirement benefit liability. (Net assets) The balance of consolidated net assets at the end of FY2025 was 19,283 million yen, having increased by 320 million yen (18,963 million yen at the end of FY2024). This was mainly due to increases of 206 million yen in valuation difference on available -for-sale securities and 118 million yen in retained earnings. (3) Overview of Cash Flows for the Fiscal Year Ended March 31, 2025 Consolidated cash and cash equivalents (hereinafter, “cash”) at the end of FY202 5 were 21,473 million yen, an increase of 902 million yen since the end of FY2024 (cash had increased by 3,112 million yen in FY2024). Consolidated cash flows from each activity in FY2025 and the main factors for their increase or decrease are described below. (Cash flows from operating activities) Operating activities resulted in a net cash inflow of 2,853 million yen (3,456 million yen provided in FY2024). This was mainly due to 2,664 million yen in profit before income taxes and an increase of 554 million yen in contract liabilities. (Cash flows from investing activities) Investing activities resulted in a net cash outflow of 265 million yen (112 million yen provided in FY2024). This was mainly due to 400 million yen in proceeds from redemption of investment securities, 501 million yen used for the purchase of investment securities, and 186 million yen used for the purchase of property, plant and equipment. (Cash flows from financing activities) Financing activities resulted in a net cash outflow of 1,685 million yen (457 million yen used in FY2024). This was mainly due to 1,623 million yen in dividends paid to shareholders. Trends in cash flow indices of the PCA Group are described below. (Reference) Changes in cash flow indices FY2022 FY2023 FY2024 FY2025 Equity ratio 59.7% 56.9% 55.7% 54.5% Equity ratio (market value basis) 108.3% 84.4% 103.4% 100.6% * Equity ratio = Shareholders’ equity / Total assets Equity ratio (market value basis) = Market capitalization / Total assets 1. Both indices have been calculated using consolidated financial figures. 2. Market capitalization has been calculated based on the number of issued shares excluding treasury shares. 3. Years of debt redemption and interest coverage ratio have been omitted since there was no occurrence of items that form th e basis of their calculations.
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 4 - (4) Future Outlook Our forecast of consolidated financial results for FY2026 is as follows. Net sales: 17,689 million yen (Net sales in FY2025: 16,237million yen） Operating profit: 2,824 million yen (Operating profit in FY2025: 2,637 million yen） Ordinary profit: 2,865 million yen (Ordinary profit in FY2025: 2,688 million yen） Profit attributable to owners of parent: 1,897 million yen (Profit attributable to owners of parent in FY2025: 1,741 million yen） The above forecast was prepared based on information available as of the date that this material was published. Actual results may differ from the forecasted values due to various factors that may arise in the future. To achieve our goal for the bottom -line profit, we may take measures that either promote or suppress expenditure depending on changes in the internal and external conditions. Since t his makes prediction of the consolidated financial results for the first half difficult, we have no plan to disclose a forecast of the consolidated financial results for the first half at this stage. II. Basic Concept Regarding the Selection of Accounting Standards The PCA Group uses the Japanese accounting standards. However, we will continue to examine the adoption of the IFRS (International Financial Reporting Standards) while watching the trends in IFRS adoption by other companies in Japan.
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 5 - III. Consolidated Financial Statements and Important Notes (1) Consolidated Balance Sheets (Unit: million yen) FY2024 (As of March 31, 2024) FY2025 (As of March 31, 2025) Assets Current assets Cash and deposits 20,934 21,838 Notes and accounts receivable - trade 3,074 2,780 Electronically recorded monetary claims - operating 1,099 1,011 Securities 100 － Merchandise and finished goods 186 121 Work in process 0 0 Raw materials and supplies 104 99 Other 372 572 Total current assets 25,872 26,426 Non-current assets Property, plant and equipment Buildings and structures 2,561 2,639 Accumulated depreciation (1,579) (1,612) Buildings and structures, net 981 1,026 Land 2,371 2,371 Other 729 762 Accumulated depreciation (522) (543) Other, net 206 218 Total property, plant and equipment 3,559 3,617 Intangible assets Software 176 212 Telephone subscription right 10 10 Total intangible assets 186 222 Investments and other assets Investment securities 2,773 3,115 Deferred tax assets 808 1,223 Other 356 370 Allowance for doubtful accounts (1) (1) Total investments and other assets 3,937 4,707 Total non-current assets 7,684 8,547 Total assets 33,557 34,974
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 6 - (Unit: million yen) FY2024 (As of March 31, 2024) FY2025 (As of March 31, 2025) Liabilities Current liabilities Accounts payable - trade 159 147 Income taxes payable 434 1,075 Contract liabilities 10,076 10,630 Provision for bonuses 475 509 Provision for directors’ bonuses 28 24 Other 1,664 1,621 Total current liabilities 12,838 14,008 Non-current liabilities Provision for directors’ retirement benefits 50 58 Retirement benefit liability 1,543 1,441 Asset retirement obligations 130 166 Other 31 16 Total non-current liabilities 1,756 1,682 Total liabilities 14,594 15,691 Net assets Shareholders’ equity Capital stock 890 890 Capital surplus 1,948 1,973 Retained earnings 15,939 16,058 Treasury shares (874) (866) Total shareholders’ equity 17,904 18,055 Accumulated other comprehensive income Valuation difference on available-for-sale securities 781 987 Total accumulated other comprehensive income 781 987 Share award rights 134 125 Non-controlling interests 142 114 Total net assets 18,963 19,283 Total liabilities and net assets 33,557 34,974
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 7 - (2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income Consolidated Statement of Income (Unit: million yen) FY2024 (April 1, 2023, to March 31, 2024) FY2025 (April 1, 2024, to March 31, 2025) Net sales 15,018 16,237 Cost of sales 5,382 6,009 Gross profit 9,636 10,228 Selling, general and administrative expenses 7,326 7,591 Operating profit 2,309 2,637 Non-operating income Interest income 8 20 Dividend income 16 19 Rent income 7 8 Other 8 7 Total non-operating income 40 55 Non-operating expenses Loss on retirement of non-current assets 6 3 Other 0 0 Total non-operating expenses 6 3 Ordinary profit 2,343 2,688 Extraordinary income Gain on sales of investment securities － 22 Total extraordinary income － 22 Extraordinary losses Loss on sales of investment securities － 46 Total extraordinary losses － 46 Profit before income taxes 2,343 2,664 Income taxes – current 547 1,275 Income taxes for prior periods － 134 Income taxes - deferred 151 (524) Total income taxes 698 885 Profit 1,644 1,778 Profit attributable to non-controlling interests 33 37 Profit attributable to owners of parent 1,611 1,741
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 8 - Consolidated Statement of Comprehensive Income (Unit: million yen) FY2024 (April 1, 2023, to March 31, 2024) FY2025 (April 1, 2024, to March 31, 2025) Profit 1,644 1,778 Other comprehensive income Valuation difference on available-for-sale securities (36) 206 Total other comprehensive income (36) 206 Comprehensive income 1,608 1,985 Comprehensive income attributable to Owners of parent 1,574 1,947 Non-controlling interests 33 37
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 9 - (3) Consolidated Statement of Changes in Shareholders’ Equity FY2024 (April 1, 2023, to March 31, 2024) (Unit: million yen) Shareholders’ equity Capital stock Capital surplus Retained earnings Treasury shares Total shareholders’ equity Balance at the beginning of the period 890 1,919 14,668 (889) 16,588 Changes of items during the period Dividends of surplus (339) (339) Profit attributable to owners of parent 1,611 1,611 Purchase of treasury shares (0) (0) Disposal of treasury shares 35 15 51 Change in ownership interest of parent due to transactions with non- controlling interests (6) (6) Net changes of items other than shareholders’ equity during the period Total changes of items during the period － 29 1,271 15 1,316 Balance at the end of the period 890 1,948 15,939 (874) 17,904 Accumulated other comprehensive income Share award rights Non- controlling interests Total net assets Valuation difference on available-for-sale securities Total accumulated other comprehensive income Balance at the beginning of the period 818 818 164 221 17,792 Changes of items during the period Dividends of surplus (339) Profit attributable to owners of parent 1,611 Purchase of treasury shares (0) Disposal of treasury shares 51 Change in ownership interest of parent due to transactions with non- controlling interests (6) Net changes of items other than shareholders’ equity during the period (36) (36) (30) (78) (145) Total changes of items during the period (36) (36) (30) (78) 1,170 Balance at the end of the period 781 781 134 142 18,963
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 10 - FY2025 (April 1, 2024, to March 31, 2025) (Unit: million yen) Shareholders’ equity Capital stock Capital surplus Retained earnings Treasury shares Total shareholders’ equity Balance at the beginning of the period 890 1,948 15,939 (874) 17,904 Changes of items during the period Dividends of surplus (1,622) (1,622) Profit attributable to owners of parent 1,741 1,741 Disposal of treasury shares 20 8 28 Change in ownership interest of parent due to transactions with non- controlling interests 4 4 Net changes of items other than shareholders’ equity during the period Total changes of items during the period － 24 118 8 151 Balance at the end of the period 890 1,973 16,058 (866) 18,055 Accumulated other comprehensive income Share award rights Non- controlling interests Total net assets Valuation difference on available-for-sale securities Total accumulated other comprehensive income Balance at the beginning of the period 781 781 134 142 18,963 Changes of items during the period Dividends of surplus (1,622) Profit attributable to owners of parent 1,741 Disposal of treasury shares 28 Change in ownership interest of parent due to transactions with non- controlling interests 4 Net changes of items other than shareholders’ equity during the period 206 206 (9) (28) 168 Total changes of items during the period 206 206 (9) (28) 320 Balance at the end of the period 987 987 125 114 19,283
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 11 - (4) Consolidated Cash Flow Statement (Unit: million yen) FY2024 (April 1, 2023, to March 31, 2024) FY2025 (April 1, 2024, to March 31, 2025) Cash flows from operating activities Profit before income taxes 2,343 2,664 Depreciation 162 171 Amortization of intangible assets 52 75 Gain on sales of investment securities － (22) Loss on sales of investment securities － 46 Increase (decrease) in provision for bonuses 30 34 Increase (decrease) in provision for directors’ bonuses 9 (4) Increase (decrease) in provision for directors’ retirement benefits (95) 7 Increase (decrease) in retirement benefit liability (60) (101) Interest and dividend income (24) (39) Decrease (increase) in notes and accounts receivable - trade (343) 381 Decrease (increase) in inventories 44 69 Increase (decrease) in notes and accounts payable - trade (49) (12) Increase (decrease) in contract liabilities 1,783 554 Increase (decrease) in other current liabilities (112) (27) Other 36 (185) Subtotal 3,776 3,612 Interest and dividend income received 27 42 Income taxes (paid) refund (347) (801) Net cash provided by (used in) operating activities 3,456 2,853 Cash flows from investing activities Payments into time deposits (2) (2) Proceeds from redemption of securities 700 100 Purchase of property, plant and equipment (171) (186) Purchase of intangible assets (54) (111) Purchase of investment securities (813) (501) Proceeds from sales of investment securities － 48 Proceeds from redemption of investment securities 500 400 Payments for other investments (55) (24) Proceeds from other investments 9 11 Net cash provided by (used in) investing activities 112 (265) Cash flows from financing activities Cash dividends paid (339) (1,623) Dividends paid to non-controlling interests (12) (10) Purchase of treasury shares (0) － Purchase of treasury shares of subsidiaries (105) (51) Net cash provided by (used in) financing activities (457) (1,685) Net increase (decrease) in cash and cash equivalents 3,112 902 Cash and cash equivalents at beginning of period 17,458 20,570 Cash and cash equivalents at end of period 20,570 21,473
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 12 - (5) Notes Regarding Consolidated Financial Statements (Notes Regarding the Going Concern Assumption) Not applicable. (Segment Information) Segment information: I. FY2024 (April 1, 2023, to March 31, 2024) Segment information has been omitted since the PCA Group only consists of the information services segment. II. FY2025 (April 1, 2024, to March 31, 2025) Segment information has been omitted since the PCA Group only consists of the information services segment. (Per Share Information) FY2024 (April 1, 2023, to March 31, 2024) FY2025 (April 1, 2024, to March 31, 2025) Net assets per share (yen) 932.76 949.72 Earnings per share (yen) 80.48 86.86 Diluted earnings per share (yen) 80.08 86.48 (Note) The basis of calculation for earnings per share and diluted earnings per share is as follows. FY2024 (April 1, 2023, to March 31, 2024) FY2025 (April 1, 2024, to March 31, 2025) Earnings per share Profit attributable to owners of parent (millions of yen) 1,611 1,741 Amount not attributable to common shareholders (millions of yen) － － Profit attributable to owners of parent for common stocks (millions of yen) 1,611 1,741 Average number of common stocks during the period (thousands of shares) 20,023 20,046 Diluted earnings per share Adjustments in profit attributable to owners of parent (millions of yen) － － Increase in number of common stocks (thousands of shares) 98 86 Of which, post-delivery restricted stocks (thousands of shares) 98 86 Description of potentially dilutive shares not included in the calculation of diluted earnings per share due to lack of dilutive effect －
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 13 - (Significant Subsequent Events) Establishment of Subsidiary At a meeting of the Board of Directors held on November 25, 2024, we resolved to establish a corporate venture capital fund (“CVC fund”). The registration of the fund was completed on April 18, 2025. 1. Background and Purpose of Establishment To guide us in our journey as we approach our 50th anniversary in 2030, we have defined our Group’s mission as becoming a Management Support Company – our ideal vision. To realize this mission, we have formulated Medium-Term Management Plan 2022-2024 (April 1, 2022, to March 31, 2025) and have been steadily executing our growth strategy. Our Group strives to deliver customer success not only by providing systems to customers, but also by leveraging our comprehensive strength in providing problem -solving services that improve efficiency and productivity in back -office operations. In pursuit of these goals, we have established ICP, a CVC fund management subsidiary, and launched ICP-1 Fund, a CVC fund. Through co-creation with startup companies that possess new business ideas and technologies, our Group will drive our own transformation to provide new value to our customers. We plan to invest approximately 2 billion yen in accelerating the development of new businesses as well as existing businesses of the Group. Through investments in promising startup companies with cutting-edge technologies and innovative business models, we will strive to create and provide new value that will lead to solutions for back -office operational challenges, while building a sustainable business environment for the Group. 2. Outline of the Fund Management Subsidiary (1) Name Iidabashi Cross Partners Inc. (2) Description of business CVC fund management, startup support and collaboration promotion, and promotion of business development linked to these activities (3) Capital 50 million yen (4) Head office location PCA Building, 1-2-21 Fujimi, Chiyoda-ku, Tokyo, Japan (5) Board members Masaki Hasegawa, CEO Fumiaki Sato, Director Tomonobu Gondo, Director (6) Ownership PCA CORPORATION: 100% (7) Relationship between the listed company and the subsidiary Capital relationship PCA CORPORATION owns 100%. Personnel relationship Executive officer and employees of PCA CORPORATION concurrently serve as directors of the subsidiary. Business relationship Transactions including business outsourcing agreements are expected to occur between PCA CORPORATION and the subsidiary. (8) Date of establishment March 11, 2025 3. Outline of the CVC Fund (1) Name ICP-1 Investment Limited Partnership (2) Basis for establishment Limited Partnership Act for Investment (3) Objectives Investment in startups whose cutting-edge technologies and innovative business models contribute to the development of new businesses at PCA CORPORATION (4) Date of establishment April 1, 2025 (5) Fund size 2 billion yen (capital call method) (6) Investment period 10 years (7) Investment company Iidabashi Cross Partners Inc. (8) Investors and their stake PCA CORPORATION: 99% (Limited Partner) Iidabashi Cross Partners: 1% (General Partner)
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PCA CORPORATION (9629): Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 - 14 - 4. Outlook Although the impact of this matter on the Group’s consolidated business performance will be small, we believe that it will contribute to the enhancement of the Group’s corporate value over the medium to long term. If the need for timely disclosure arises in the future, we will promptly disclose the information.